Missing Plane: Orange Objects Found Just Fishing Equipment

Four orange objects found in the Indian Ocean once described as the "most promising leads" in locating Malaysia Airlines Flight 370 have turned out to be unrelated fishing equipment, Australian authorities said on Monday.

The news dashed hopes that the objects would shed light on what happened to the plane that experts believe crashed into the ocean sometime after the jetliner lost contact with radar on March 8.

Former Australian defense chief Angus Houston will head the new Joint Agency Coordination Center, which will take charge of communication with international agencies involved in the search.

"We owe it to everyone to do whatever we reasonably can and we can keep searching for quite some time to come ... and, as I said, the intensity of our search and the magnitude of operations is increasing, not decreasing," Abbott said.

Four orange objects found in the Indian Ocean once described as the "most promising leads" in locating Malaysia Airlines Flight 370 have turned out to be unrelated fishing equipment, Australian authorities said on Monday.